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Global LCR Meter Market 2016-2020

About the LCR Meter Market



LCR meter is a testing and measuring (T&M) equipment used to measure inductance (L), capacitance (C), and resistance (R). The types of LCR meter are as follows:

  • Handheld LCR meter
  • Benchtop LCR meter
Handheld LCR meter is portable, lightweight, battery powered, and consists of a universal serial bus (USB). It has a measurement accuracy of 0.1% to 0.2%.

Benchtop LCR meter is non-portable. It has some additional features such as programmable frequency setting. It has a measurement accuracy of 0.01%. It provides advanced measurement capabilities, which include DC bias current or voltage and DC sweep. Generally, in benchtop LCR meters, the measurements are performed at frequencies of 100Hz, 120Hz, 1KHz, and 10KHz.

Technavio’s analysts forecast the global LCR meter market to grow at a CAGR of 2.78% by revenue during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global LCR meter market for 2016-2020. To calculate the market size, the report considers the shipment of LCR meter globally.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global LCR Meter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Applent
  • B&K Precision
  • Chroma
  • Doble Lemke
  • Extech Instruments
  • GW Instek
  • Hameg Instruments
  • Hioki EE
  • IET Labs
  • Keysight Technologies
  • MECO Instruments
  • National Instruments
  • Newtons4th
  • Rohde & Schwarz
  • Sanwa Electric Instrument
  • Scientific Mes-Technik
  • Siborg Systems
  • Stanford Research Systems
  • Tecpel
  • Yokogawa
Market driver
  • Rise in exports of electronics
  • For a full, detailed list, view our report
Market challenge
  • Increased need to provide solutions that accommodate multiple technologies
  • For a full, detailed list, view our report
Market trend
  • Interoperability era for testing and measurement equipment
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global LCR Meter Market 2016-2020



Technavio recognizes the following companies as the key players in the global LCR meter market: Applent, B&K Precision, Chroma, Doble Lemke, Extech Instruments, GW Instek, Hameg Instruments, Hioki EE, IET Labs, Keysight Technologies, MECO Instruments, National Instruments, Newtons4th, Rohde & Schwarz, Sanwa Electric Instrument, Scientific Mes-Technik, Siborg Systems, Stanford Research Systems, Tecpel, and Yokogawa.



Commenting on the report, an analyst from Technavio’s team said: “A trend influencing market growth is interoperability of T&M Equipment. The use of electronic and electrical products requires high interoperability of T&M equipment, so that the users can avoid using a particular manufacturer’s products for a lifetime. End-users of T&M equipment are facing problems due to incompatibility among products and the equipment. This is posing a challenge for the vendors of T&M equipment because it leads to loss of customer base. Hence, vendors are compelled to conduct the interoperability test to ensure compatibility with different products.”



According to the report, a key growth driver is the rise in exports of electronics. The need for mid and low-end products like LCR meters, oscilloscopes, and multimeters is sustained largely due to increased demand from the education sector, especially universities, polytechnic institutes, and training laboratories in APAC. The steady growth of the semiconductor and electronics market in APAC is driving the growth of the LCR meter market in this region. The boom in the electronics sector is due to the growing penetration of smartphones.



Further, the report states that highly competitive market will be a challenge for the market. The market is highly competitive, with continuous advances in technology. The vendors need to invest heavily in order to use better technology than their competitors. Many companies outsource their manufacturing operations in order to reduce expenditures. Competition among the existing players is intense. As the market is seeing a high growth, it is attracting a large number of vendors. Entry of new vendors leads to price wars in the market, due to which they have to focus on end-user requirements. This increases the bargaining power of end-users and reduces the sales potential and revenue of the vendors. Increased vendor competition is also likely to reduce the quality, as the vendors might compromise on the quality while focusing more on the price. This, in turn, will affect the LCR meter vendors.

Companies Mentioned

Applent, B&K Precision, Chroma, Doble Lemke, Extech Instruments, GW Instek, Hameg Instruments, Hioki EE, IET Labs, Keysight Technologies, MECO Instruments, National Instruments, Newtons4th, Rohde & Schwarz, Sanwa Electric Instrument, Scientific Mes-Technik, Siborg Systems, Stanford Research Systems, Tecpel, Yokogawa.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Currency conversion rates
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Bridge circuit
      • Table LCR measurement for low impedance circuit
      • Table LCR measurement for high impedance circuit
      • Table Market summary
  • T&M equipment market scenario
    • Product details
    • Current market scenario
    • Future prospects
  • Market landscape
    • Market overview
      • Table Overview of global LCR meter market
    • Market size and forecast by revenue
      • Table Global LCR meter market 2015-2020 ($ millions)
    • Market size and forecast by shipment
      • Table Global LCR meter market 2015-2020 (units)
      • Table Factors affecting growth of semiconductor industry
      • Table Global semiconductor market trend 1990-2015 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global LCR meter market by type 2015 (% share by revenue)
      • Table Global LCR meter market by type 2020 (% share by revenue)
    • Benchtop LCR meters
      • Table Global LCR meter market by benchtop LCR meter ($ millions)
    • Handheld LCR meters
      • Table Global LCR meter market by handheld LCR meter ($ millions)
      • Table CAGR comparison of LCR meters by type 2015
  • Geographical segmentation
    • Table Global LCR meter market by geography (% share)
    • Table Global LCR meter market by geography ($ millions)
    • APAC
      • Table LCR meter market in APAC 2015-2020 ($ millions)
    • Americas
      • Table LCR meter market in Americas 2015-2020 ($ millions)
    • EMEA
      • Table LCR meter market in EMEA 2015-2020 ($ millions)
      • Table CAGR comparison of different regions 2015
  • Market drivers
    • Rise in exports of electronics
      • Table Smartphone penetration by country 2015-2020 (%)
      • Table Devices used in testing a smartphone
    • Growth in education and R&D sectors
      • Table Share of total R&D spending by geography
    • Growing demand for electric motors
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increased need to provide solutions that accommodate multiple technologies
      • Table Important factors for vendors to sustain in market
    • High cost of LCR meters
      • Table Global LCR meter market: ASP forecast
    • Highly competitive market
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing popularity of smart tweezers
    • Interoperability era for T&M equipment
    • Emergence of new-age capacitors
    • Increase in adoption of wireless EV charging
      • Table Bestselling EVs
  • Vendor landscape
    • Competitive scenario
    • Vendors landscape
  • Appendix
    • List of abbreviations
  • Explore Technavio

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